BVNK announced on November 6 that eligible business customers can now mint, redeem, hold and transfer Open USD (OUSD) on Ethereum, Solana, Base and Tempo. The integration offers 1:1 conversion against dollar balances and targets payment providers, treasury teams, companies, exchanges and market makers. It is intended to make it easier for businesses to move between bank funds and blockchain settlement without developing a separate integration for each network. However, BVNK has not yet published transaction volumes demonstrating adoption of the service, and access remains limited to eligible customers outside the European Economic Area.
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